$327,000
↓ $30K (9.2%)
●
Condo -
Off Market
14805 PENNFIELD CIR #412
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,385 Ft²
$2,639
Est. Monthly
$1,033
HOA / Fees
4.12%
Cap Rate
About This Property
Your Dream Home Awaits in Villa Cortese at Leisure World!
You've been waiting for the perfect home, and now it's here-a beautiful 2-bedroom, 2-bathroom condo in the highly sought-after Villa Cortese Mutual.
Key Features:
Spacious and Sunny: This bright and spacious unit, 412, is ready for you to move in and enjoy.
Comfortable Living: The large primary bath features a walk-in shower and a relaxing soaking tub.
Stylish and Easy Maintenance: New vinyl flooring combines elegance with easy care throughout the home.
Bright Eat-in Kitchen: Equipped with newer stainless steel appliances and easy-to-clean vinyl flooring.
Ample Dining Space: The separate dining area is perfect for hosting family dinners, complete with space for a large table, chairs, and a hutch or buffet.
Sunlit Living Room: Enjoy plenty of natural light from the enclosed sunroom adjacent to the living room.
Convenient Laundry: In-unit laundry facilities make washing clothes a breeze.
Peace of Mind: The new HVAC system ensures worry-free living.
Prime Location:
Villa Cortese is one of the most popular sections in Leisure World, thanks to its proximity to the clubhouse, pool, and restaurant. It's the first community off the main gate, giving you easy access to excellent services and retail options nearby.
Leisure World is Montgomery County's resort-style 55+ community, offering:
2 Clubhouses
3 recently renovated restaurants and a redesigned ballroom
18 hole championship golf course
Tennis and pickleball courts
Indoor and outdoor swimming pools
5400 sf fitness facility featuring state-of-the-art equipment and golf course views
Move in and start enjoying carefree and congenial living in your new home at Villa Cortese!
You've been waiting for the perfect home, and now it's here-a beautiful 2-bedroom, 2-bathroom condo in the highly sought-after Villa Cortese Mutual.
Key Features:
Spacious and Sunny: This bright and spacious unit, 412, is ready for you to move in and enjoy.
Comfortable Living: The large primary bath features a walk-in shower and a relaxing soaking tub.
Stylish and Easy Maintenance: New vinyl flooring combines elegance with easy care throughout the home.
Bright Eat-in Kitchen: Equipped with newer stainless steel appliances and easy-to-clean vinyl flooring.
Ample Dining Space: The separate dining area is perfect for hosting family dinners, complete with space for a large table, chairs, and a hutch or buffet.
Sunlit Living Room: Enjoy plenty of natural light from the enclosed sunroom adjacent to the living room.
Convenient Laundry: In-unit laundry facilities make washing clothes a breeze.
Peace of Mind: The new HVAC system ensures worry-free living.
Prime Location:
Villa Cortese is one of the most popular sections in Leisure World, thanks to its proximity to the clubhouse, pool, and restaurant. It's the first community off the main gate, giving you easy access to excellent services and retail options nearby.
Leisure World is Montgomery County's resort-style 55+ community, offering:
2 Clubhouses
3 recently renovated restaurants and a redesigned ballroom
18 hole championship golf course
Tennis and pickleball courts
Indoor and outdoor swimming pools
5400 sf fitness facility featuring state-of-the-art equipment and golf course views
Move in and start enjoying carefree and congenial living in your new home at Villa Cortese!
Unit Size
1,385 Ft²
Days on Market
21 days
Land Size
-
Price per sqft
$236
Property Type
Condo
Property Taxes
$290
HOA Dues
$1,033
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #MDMC2137362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$298,500
↓ $30K
(9.2%) | |
| Price Decreased | |||
| Oct 7, 2026 | Price Decreased |
$328,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Oct 2, 2026 | Price Decreased |
$329,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Parking Features: Off Street, Other
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Table Space, Primary Bath(s), Soaking Tub, Stall Shower, Tub Shower, Walk-in Closet(s), Other
Appliances: Dryer, Dishwasher, Disposal, Humidifier, Icemaker, Microwave, Refrigerator, Stove, Washer
Flooring Type: Ceramic Tile, Carpet, Vinyl
Living Area Square Feet Source: Estimated
Laundry Type: Has Laundry
Exterior Details
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Window Features: Transom, Sliding
Construction Materials: Brick, Block
Unit Building Type: Garden 1 - 4 Floors
Outdoor Living Structures: Balcony, Enclosed
Community Pool
Tidal Water: N
Land Assessed Value: $295,000
Finished Square Feet: 1385
Finished Square Feet Source: Estimated
Financial Details
County Tax: $3,399
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $295,000
Tax Year: 2024
Tax Annual Amount: $3,476
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Club House, Common Grounds, Dining Rooms, Exercise Room, Extra Storage, Fitness Center, Golf Course, Pool - Outdoor, Pool - Indoor, Retirement Community, Security, Swimming Pool, Tennis Courts, Transportation Service, Other
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,033
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
2 Bed
|
2 Bath
|
1709 ft²
|
$375,000
2 Bed
2 Bath
1709 ft²
|
$360,000
-4.00%
07/14/2026
|
Claude Al Charbonneau
Compass
| |
|
04/22/2026
|
2 Bed
|
2 Bath
|
1073 ft²
|
$250,000
2 Bed
2 Bath
1073 ft²
|
$250,000
07/29/2026
|
Sally French
RE/MAX Realty Group
| |
|
10/24/2025
|
2 Bed
|
2 Bath
|
1136 ft²
|
$280,000
2 Bed
2 Bath
1136 ft²
|
$280,000
12/11/2025
|
Christine Kogok
Keller Williams Realty Centre
| |
|
07/23/2025
|
2 Bed
|
2 Bath
|
1152 ft²
|
$275,000
2 Bed
2 Bath
1152 ft²
|
$250,000
-9.09%
11/07/2025
|
Janice Fife
Weichert, REALTORS
| |
|
04/04/2025
|
2 Bed
|
2 Bath
|
1152 ft²
|
$325,000
2 Bed
2 Bath
1152 ft²
|
$249,000
-23.38%
07/24/2025
|
Kathleen Workman
EXP Realty, LLC
| |
|
10/10/2024
|
2 Bed
|
2 Bath
|
1354 ft²
|
$299,900
2 Bed
2 Bath
1354 ft²
|
$300,000
+0.03%
11/19/2024
|
John Hallen
Maven Real Estate
| |
|
07/18/2024
|
2 Bed
|
2 Bath
|
1385 ft²
|
$327,000
2 Bed
2 Bath
1385 ft²
|
$327,000
08/19/2024
|
Jennifer Sproul
Washington Fine Properties
| |
|
05/09/2024
|
3 Bed
|
2 Bath
|
1629 ft²
|
$449,000
3 Bed
2 Bath
1629 ft²
|
$429,000
-4.45%
07/15/2024
|
Lee Moreno
Coldwell Banker Realty
| |
|
01/29/2023
|
3 Bed
|
3 Bath
|
1629 ft²
|
$374,999
3 Bed
3 Bath
1629 ft²
|
$363,000
-3.20%
04/03/2023
|
NITA PUROHIT
Weichert, REALTORS
| |
|
06/16/2022
|
3 Bed
|
2.5 Bath
|
1629 ft²
|
$399,000
3 Bed
2.5 Bath
1629 ft²
|
-
-
|
NITA PUROHIT
Weichert, REALTORS
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
1152 ft²
|
$319,999
2 Bed
2 Bath
1152 ft²
|
$320,000
+0.00%
07/13/2022
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
05/05/2022
| |
2 Bed
|
2 Bath
|
-
|
$310,000
2 Bed
2 Bath
|
-
-
|
Eric P Stewart
Rockville Centre
|
|
05/01/2022
|
2 Bed
|
2 Bath
|
1152 ft²
|
$329,900
2 Bed
2 Bath
1152 ft²
|
$329,900
07/15/2022
|
Linda Sansbury
Weichert, REALTORS
| |
|
11/20/2021
|
2 Bed
|
2 Bath
|
1136 ft²
|
$329,000
2 Bed
2 Bath
1136 ft²
|
-
-
|
Richard Fox
RE/MAX Realty Centre, Inc.
| |
|
02/04/2022
|
2 Bed
|
2 Bath
|
1136 ft²
|
$309,000
2 Bed
2 Bath
1136 ft²
|
$285,000
-7.77%
03/24/2022
|
Barbara Milton
Weichert, REALTORS
| |
|
09/09/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$335,500
2 Bed
2 Bath
1300 ft²
|
$335,500
12/20/2021
|
Roberta F Campbell
Weichert, REALTORS
| |
|
08/05/2021
|
2 Bed
|
2 Bath
|
1354 ft²
|
$234,900
2 Bed
2 Bath
1354 ft²
|
$240,000
+2.17%
09/16/2021
|
Eve Marinik
Douglas Realty
| |
|
07/06/2021
|
3 Bed
|
2 Bath
|
1629 ft²
|
$364,500
3 Bed
2 Bath
1629 ft²
|
$364,500
08/02/2021
|
Lisa Johnson
Cook Real Estate Brokerage
| |
|
06/26/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$350,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
08/09/2020
|
2 Bed
|
2 Bath
|
1430 ft²
|
$349,900
2 Bed
2 Bath
1430 ft²
|
-
-
|
-
| |
|
05/16/2019
|
2 Bed
|
2 Bath
|
1518 ft²
|
$399,000
2 Bed
2 Bath
1518 ft²
|
$385,000
-3.51%
08/12/2019
|
Janice Fife
Weichert, REALTORS
| |
|
11/23/2018
|
3 Bed
|
2 Bath
|
1518 ft²
|
$225,000
3 Bed
2 Bath
1518 ft²
|
$240,000
+6.67%
03/15/2019
|
Tatyana Baytler
| |
|
11/06/2018
|
2 Bed
|
2 Bath
|
1354 ft²
|
$299,888
2 Bed
2 Bath
1354 ft²
|
$326,000
+8.71%
01/10/2019
|
Lynda K Bloom
Weichert, REALTORS
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1073 ft²
|
$219,000
2 Bed
2 Bath
1073 ft²
|
-
-
|
-
| |
|
07/16/2018
| |
2 Bed
|
2 Bath
|
1288 ft²
|
-
2 Bed
2 Bath
1288 ft²
|
-
-
|
-
|
|
07/02/2018
|
2 Bed
|
2 Bath
|
1288 ft²
|
$234,950
2 Bed
2 Bath
1288 ft²
|
$225,000
-4.23%
08/29/2018
|
John Radcliffe
Weichert, REALTORS
| |
|
04/02/2018
|
1 Bed
|
1 Bath
|
946 ft²
|
$149,000
1 Bed
1 Bath
946 ft²
|
$145,000
-2.68%
05/04/2018
|
Barbara Milton
Weichert, REALTORS
| |
|
08/17/2017
|
3 Bed
|
2 Bath
|
1629 ft²
|
$350,000
3 Bed
2 Bath
1629 ft²
|
$352,000
+0.57%
10/17/2017
|
Nathan B Dart
RE/MAX Realty Services
|
Building Info
14805 Pennfield Circle
14805 Pennfield Circle, Silver Spring, MD 20906
- 3 Units for Sale
About Rossmoor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,200 /mo
- 3 Beds
- 2 Baths
- 2,158 ft²
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,642 ft²
Listed by: Jennifer Sproul
Washington Fine Properties
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2137362
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Washington Fine Properties
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2137362
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017